SOLD
Sold on 20 Dec 2023 for $455,000

1/74 Ford Street
Beechworth VIC 3747

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 64m2
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Property Details for 1/74 Ford St, Beechworth

Building Type
Commercial
Land Size
64m2
Local Government
Indigo
Lot/Plan
CM1/PS549571

Last Listing description (November 2023)

Located in the middle of busy Ford Street in the booming tourist town of Beechworth, sits this prime retail investment with a vibrant and long-term tenancy in place. Boasting a corner position with excellent exposure to passing foot traffic and close proximity to Bendigo Bank, Commonwealth Bank, Beechworth Pharmacy and directly opposite the IGA Supermarket arcade entry from Ford Street.

Investment Highlights:
Rental $21,275.00 per annum + GST + Outgoings

New Lease Renewal 3 + 3 years comm. 01.08.2023
Annual Rent Reviews to CPI
Retail space of 64m2 (approx.)

Inspections strictly by appointment please contact Rod 0418 361 935 or Sarah 0417 303 062 for details.

CONJUNCTIONAL AGENT: Sarah Voigt - Property Collective Real Estate Beechworth 03 5728 1999

Property History for 1/74 Ford St, Beechworth, VIC 3747

A timeline of how this property has performed in the market
Last Sold
$455,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $455,000
  • 20 Oct 2023
    Listed for Sale $479,000 + GST (if applicable)
  • 06 Jul 2017
    Sold for $360,000
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About Beechworth 3747

The size of Beechworth is approximately 164.9 square kilometres. It has 23 parks covering nearly 59.2% of total area. The population of Beechworth in 2011 was 3,559 people. By 2016 the population was 3,864 showing a population growth of 8.6% in the area during that time. The predominant age group in Beechworth is 60-69 years. Households in Beechworth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Beechworth work in a professional occupation. In 2011, 75% of the homes in Beechworth were owner-occupied compared with 74.2% in 2016.

Beechworth has 2,646 properties. Over the last 5 years, Houses in Beechworth have seen a 73.06% increase in median value, while Units have seen a 62.19% increase. As at 31 August 2024:

  • The median value for Houses in Beechworth is $796,449 while the median value for Units is $444,253.
  • Houses have a median rent of $495 while Units have a median rent of $340.
There are currently 75 properties listed for sale, and 7 properties listed for rent in Beechworth on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Beechworth.

Suburb Insights for Beechworth 3747

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.